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229 hedge funds and large institutions have $1.71B invested in CONMED in 2020 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 97 increasing their positions, 75 reducing their positions, and 65 closing their positions.

New
Increased
Maintained
Reduced
Closed

29% more repeat investments, than reductions

Existing positions increased: 97 | Existing positions reduced: 75

1.87% more ownership

Funds ownership: 103.01%104.88% (+1.9%)

13% less funds holding

Funds holding: 264229 (-35)

29% less call options, than puts

Call options by funds: $2.57M | Put options by funds: $3.59M

48% less capital invested

Capital invested by funds: $3.27B → $1.71B (-$1.56B)

51% less first-time investments, than exits

New positions opened: 32 | Existing positions closed: 65

Holders
229
Holders Change
-35
Holders Change %
-13.26%
% of All Funds
5.05%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
32
Increased
97
Reduced
75
Closed
65
Calls
$2.57M
Puts
$3.59M
Net Calls
-$1.02M
Net Calls Change
-$2.79M
Name Holding Trade Value Shares
Change
Change in
Stake
Susquehanna International Group
126
Susquehanna International Group
Pennsylvania
$739K +$356K +3,864 +43%
CIC
127
Cornercap Investment Counsel
Georgia
$724K +$1.17M +12,643 New
State of Tennessee, Department of Treasury
128
State of Tennessee, Department of Treasury
Tennessee
$707K -$54K -586 -5%
ERSOT
129
Employees Retirement System of Texas
Texas
$687K
TC
130
TwinBeech Capital
New York
$667K +$1.07M +11,652 New
DTL
131
Dynamic Technology Lab
Singapore
$666K +$513K +5,568 +92%
OPERF
132
Oregon Public Employees Retirement Fund
Oregon
$654K
MIM
133
MetLife Investment Management
New Jersey
$653K
Nisa Investment Advisors
134
Nisa Investment Advisors
Missouri
$610K -$66.4K -720 -6%
MSA
135
Mason Street Advisors
Wisconsin
$566K
6M
136
6 Meridian
Kansas
$557K +$896K +9,719 New
BC
137
Burney Company
Virginia
$552K -$62.7K -680 -7%
AQR Capital Management
138
AQR Capital Management
Connecticut
$532K -$475K -5,156 -36%
GCP
139
GSA Capital Partners
United Kingdom
$523K -$275K -2,987 -25%
3C
140
361 Capital
Colorado
$510K -$195K -2,111 -19%
MERSOM
141
Municipal Employees' Retirement System of Michigan
Michigan
$503K +$12K +130 +2%
PM
142
Parametrica Management
Hong Kong
$503K +$810K +8,780 New
BCM
143
Bayesian Capital Management
New York
$498K +$480K +5,200 +148%
ACM
144
AlphaCrest Capital Management
New York
$497K +$310K +3,361 +63%
Assenagon Asset Management
145
Assenagon Asset Management
Luxembourg
$493K +$794K +8,605 New
MLICM
146
Metropolitan Life Insurance Company (MetLife)
New York
$477K -$31.4K -340 -4%
AG
147
Aperio Group
California
$473K -$72.9K -790 -9%
TRSOTSOK
148
Teachers Retirement System of the State of Kentucky
Kentucky
$459K +$55.3K +600 +8%
Osaic Holdings
149
Osaic Holdings
Arizona
$454K +$731K +7,928 New
LSERS
150
Louisiana State Employees Retirement System
Louisiana
$450K -$174K -1,890 -19%

CNMD Hedge Fund Activity: Q1 2020 in Review

229 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in CONMED (CNMD) for Q1 2020, worth a combined $1.71B — down 48% from $3.27B a quarter earlier.

Sellers outnumbered buyers: 65 funds closed out of CNMD and 32 opened new positions — a net loss of 33 holders — while 75 trimmed existing stakes and 97 added.

The largest buyer was Point72 Asset Management, adding an estimated $34.3M. The largest seller was Capital Research Global Investors, cutting an estimated $65.1M.

  • 229 institutional investors held CONMED (CNMD) as of Q1 2020, down from 264 in Q4 2019.
  • Funds reported $1.71B of CONMED stock for Q1 2020, down 48% quarter-over-quarter.
  • 32 funds opened new CONMED positions in Q1 2020 and 65 closed out, a net change of -33 holders.
  • The largest CONMED buyer in Q1 2020 was Point72 Asset Management, an estimated $34.3M added.
  • The largest CONMED seller in Q1 2020 was Capital Research Global Investors, an estimated $65.1M sold.

Based on aggregated 13F filings for Q1 2020.